nearvideo trump Foundation to dissolve, under court supervision
Charity organization founded by the trump family to shut down amid allegations of illegal coordination with the campaign, and false charity.
President Trump suggested Wednesday on the New York Democrats, to resolve, in particular, the “sleazebag” former state attorney General Eric Schneiderman — after he agreed, his non-profit Foundation, in the midst of a lawsuit claiming illegal behavior.
The Foundation has been facing numerous accusations of misuse of money. But Trump complained on Wednesday that the same prosecutors who never asks a behind-the-Clinton-Foundation, claiming to be a “double standard”.
“The trump Foundation has done a great job and wasted a lot of money, both to me and to other major aid organisations over the years –with me, NO fees, rent, salaries, etc. Well, as usual, I am beat, not of Cuomo and the Dems in a long-running civil process started by sleazebag AG Eric Schneiderman, because anyone who tweeted resigned over terrible abuse, if I wanted to close the Foundation in conflict with the policy,” Trump.
“Shady, Eric was Director of New Yorkers for Clinton, and refused, also, the corrupt Clinton Foundation,” Trump look further. “In any case, it goes on and on & the new AG, which is now being replaced by a further AG (the advertised open for a TRUMP agenda), does little else but rant, rave & politics against me.”
He added: “it will never Be treated fairly by these people – a total double standard of ‘justice.'”
Trumps tweets follow an announcement Tuesday by New York, Acting Attorney General, Barbara Underwood, revealing the Trump Foundation, to dissolve the agreement out of “judicial supervision” in the midst of a lawsuit against the Foundation for alleged illegal behavior and “illegal political coordination” Trump’s personal and business interests.
Underwood brought the lawsuit against the Foundation in June, after a months-long investigation led by the disgraced former New York attorney General Eric Schneiderman, who was forced to resign earlier this year following the publication of a damning report from The New Yorker detailing four women’s claims that he hit you, threatened you, and humiliated you.
The TRUMP FOUNDATION is COMMITTED to RESOLVE ACCORDING to THE LAWSUIT, AN Alleged ‘UNLAWFUL BEHAVIOUR’
The lawsuit alleges that Trump used to repay the Foundation is the charitable assets to promote its legal obligations, Trump hotel, the brand and the company, and for the purchase of personal items. The suit also claims that the Foundation is “illegal extensive support for his 2016 presidential campaign by the use of the trump Foundation’s name and the Fund to promote the of the public, his campaign for the presidency.”
The suit sought to prohibit Trump from future service as a Director of a New York nonprofit for 10 years, and forbade his sons Eric and Donald Jr., and his daughter Ivanka, from the service for a year.
On Tuesday, Underwood announced that, according to the ECJ decision for your office, the Foundation “signed a determination,” the agreement to solve, the distribution of the remaining charitable assets of the Foundation “to reputable organizations, approved” by your office.
“Our petition detailed a shocking pattern of illegality with the trump Foundation – also of illegal coordination with the trump-presidential-campaign, the repeated and willful self-dealing, and much more,” Underwood said in a statement Tuesday. “The trump Foundation functioning achieved as little more than a checkbook to serve, Mr Trump’s business and political interests.”
The President is Wednesday, tweets echo the statement of the Trump Foundation’s lawyer, Alan Futerfas. Futerfas said the foundation had sought to close, since Trump was selected.
“In contrast to the NYAG misleading statement earlier today, the Foundation seeks to dissolve and distribute its remaining assets for charitable charitable purposes since Donald J. Trump’s victory in the 2016 presidential elections,” Futerfas said in a statement to Fox News. To prevent “unfortunately, the NYAG was seeking resolution for almost two years, and in the process deprive those most in need, nearly $1.7 million. In the past ten years, the Foundation is proud to have distributed approximately $19 million, including $8.25 million, the President’s personal money, to over 700 non-profit organizations with practically zero cost. The NYAG is wrong statement from this morning is another attempt to politicize this matter.”
Letitia James, the newly elected New York state attorney General who replaced Underwood next month, has reportedly said that it will continue to be violated, the investigation of Trump and his organizations, including explore real-estate deals and other investigations in the “everyone” in his circle, who could be against the law.
“We will examine every area of the law, the President of Trump and his business transactions and his family,” James told NBC News earlier this month.
Fox News’ Kristin Brown contributed to this report.